RPT-Inflationary pressures are increasing in the US in January

Rising prices for basic consumption in January in the US was the strongest since four and a half years mainly because of rising rents and health costs, show statistics released Friday by the department work.

These figures indicate a rise in inflationary pressures could prompt the Federal Reserve to further raise interest rates this year after doing so last December, the first in almost 10 years.

The index base ( “core CPI”), which excludes food and energy, rose 0.3% in January from a month to month, the most since August 2011, and 2.2% year on year, its biggest gain since June 2012.

Economists polled by Reuters were expecting this index, closely watched by the Fed, an increase of 0.2% on month and 2.1% year on year.

The euro hit a low of the day against the greenback at 1.10735 dollar, and futures on Wall Street limited their losses after the publication of these figures.

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